November 16, 1999 GMAC Commercial Mortgage will soon start shopping a $374.1 million commercial mortgage-backed securities deal backed by 30 floating-rate loans it originated.The Horsham, Pa., lender is securitizing the pool through underwriters Deutsche Banc and Goldman Sachs....

November 16, 1999 Colonial Properties Trust (NYSE:CLP) has filed a Form 10-Q and a Form 10-Q/A (Amended Quarterly Report) with the SEC.

November 16, 1999 Andrew Stone has reached an agreement with Credit Suisse First Boston, paving the way for his departure from the investment bank, according to the Wall Street Journal.The newspaper quoted from a First Boston announcement that...

November 16, 1999 Burnham Pacific Properties Inc. (NYSE:BPP) has filed a Form 10-Q with the SEC.

November 16, 1999 By Morris Newman, VertiNews.com CorrespondentIRVINE, Calif.– The law firm of Allen, Matkins, Leck, Gamble & Mallory, LLP has leased 44,290 sf at the Koll Center Irvine North Phase II. The 10-year deal is worth $15...

November 16, 1999 Cornerstone Properties Inc. (NYSE:CPP) has filed Form 10-Q with the SEC.

November 16, 1999 NEW YORK – Millennium Partners today broke ground on The Ritz-Carlton Hotel & Residences on the tip of the Manhattan in Battery Park City. The development will include a 311-unit five-star hotel, said to be...

November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $23.4 mln$20.3 mln $66.7 mln $60.1 mln FFO/shr (diluted) $0.59 $0.52 $1.70 $1.53 Extra Gain (Loss) – – ($2.8 mln) ($0.4 mln) Net Income $7.5 mln $5.3 mln $19 mln...

November 16, 1999 By B.J. Lee, Asian Assets Direct CorrespondentSEOUL, South Korea - Korea Asset Management Corp., a state-run agency charged with liquidating the bad debt held by Korean companies, is sticking with its plan to set up...

November 16, 1999 3rd-Qtr 999-mos 99Net Income $0.7 mln $5.2 mlnNet/shr$0.18 $1.35 Revenue$1 mln $3 mln

November 16, 1999 DALLAS – Prentiss Properties Trust has broken ground on a 195,000-square-foot office building in Austin, Texas.The $31 million office building, Barton Skyway II, has been 69 percent pre-leased to Aptis Software (75,449 square feet for...

November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income $18.9 mln $20.9 mln $76.2 mln $55.4 mln Net/shr$0.33 $0.38 $1.34 $1.01 Revenue$27.8 mln $27 mln $74.3 mln $69.7 mln Shrs outst.56.4 mln 54.5 mln 55.8 mln 54 mln

November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 99FFO $23.7 mln$23.7 mln $86.1 mln FFO/shr (diluted) $0.35 $0.35 $1.27 Extra Gain (Loss) – ($0.1 mln) – Net Income $13 mln $12.9 mln $53.5 mln Net/shr$0.19 $0.19 $0.79 Revenue$59.3 mln $56.2...

November 16, 1999 NEW YORK – Acadia Realty Trust (NYSE:AKR) paid $7.3 million for the partnership interests in Pacesetter Park Shopping Center, a 95,600-square foot shopping center in Ramapo, N.Y.The 80-percent leased property is anchored by a Grand...

November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income (Loss) ($0.5 mln) ($0.9 mln) $1.3 mln $1.9 mln Net (Loss)/shr($0.10) ($0.17) $0.24 $0.37 Revenue$4.7 mln $4.5 mln $20.8 mln $24.2 mln Shrs outst.5.2 mln 5.2 mln 5.2 mln...

November 16, 1999 HORSHAM, Pa. – Nationwide Life Insurance Co. provided $10.5 million of financing for two office buildings in Mansfield, Mass.The buildings, One and Two Mansfield Corporate Center, have a combined 190,400 square feet. The financing was...

November 16, 1999 CHICAGO – GTCR Golder Rauner has committed $100 million in equity financing to start Heritage Golf Group LLC, which will buy golf resorts and daily fee facilities throughout the U.S.The commitment includes an initial investment...

November 15, 1999 Redwood Trust Inc. (NYSE:RWT) has filed a Form 10-Q with the SEC.

November 15, 1999 ProLogis Trust (NYSE:PLD) has filed a Form 10-Q with the SEC.

November 15, 1999International Paper creates large office campus in MemphisMemphis Business Journal, November 15MEMPHIS, Tenn. – New York-based International Paper Company is creating a 363,000-square-foot office campus in Southeast Memphis. The company is investing $19.7-million to renovate a...

November 15, 1999 Moody's has published "Gauging Economic Diversity in CMBS," a special report outlining the methodology and reasoning behind the adoption of a new yardstick in its analysis of commercial mortgage-backed securities.In addition to the usual data...

November 15, 1999 Franchise Finance Corp. of America (NYSE:FFA) has filed a Form 10-Q with the SEC.

November 15, 1999 Thriftys to expandThe Globe and Mail, November 15TORONTO – Thriftys jeanswear stores hopes to double sales in the next few years by expanding its reach into Quebec and possibly the United States. The chain also...

November 15, 1999 The operating partnership affiliate of Duke-Weeks Realty Corp. (NYSE:DRE) has filed Form 424B5 Prospectus with the SEC. The prospectus is related to the proposed offering of $150 million of 7.75 percent senior unsecured notes.The partnership...

November 15, 1999 Cousins Properties (NYSE:CUZ) has filed a Form 10-Q with the SEC.